Purpose of a Disability Pooled Trust

Qualifying for Medicaid with a surplus

Special Needs Trust – SNT

The Challenge

Under current Medicaid Law in New York, monthly income in excess of the Medicaid Monthly income allowance must be spent down on medical or home care services before Medicaid will provide coverage. Unfortunately, the excess income cannot be spent on living expenses such as food, rent, clothes, and other expenses.

As a result, Medicaid recipients may not have sufficient income to cover their daily living expenses.

The Solution

A Pooled Trust is a legal tool used to help elderly and disabled people shield excess income for Medicaid purposes. By using a Pooled Trust, a disabled Medicaid recipient can keep almost all of his/her income, rather than having to pay a portion of it towards the cost of his/her care (e.g., for home care services).

How does the Trust Work?

According to Federal Law, Medicaid recipients who deposit their excess income in a Pooled Income Trust will not be subject to the rules that generally apply to excess Income. The income deposited in the trust will not be counted as available income that needs to be spent down each month.

By creating a Pooled Income Trust, the Beneficiary benefits from having the excess income available to cover expenses of daily living while also qualifying for Medicaid. Funds deposited in the trust can be used to pay the beneficiary’s rent, utility bills, and other daily living expenses.

Deposit your income exceeding the Medicaid eligibility limit into the UCS Trust

Use the Trust Funds to pay the bills of your monthly living expenses

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